Rangers “encouraged” by finance figures

Rangers’ half-yearly accounts show the club’s operating losses have fallen to £530,000 from £4.6m

Rangers have described the reduction of the club’s half-yearly operating losses to £530,000 as an “encouraging financial performance”.

The comparative figure for the previous year was £4.6m under the Championship leaders’ previous controlling regime.

Chairman Dave King said in a statement: “I am also pleased to report that Rangers now has no third-party debt whatsoever.

“There are not many…